- London Inter-Bank Offer Rate: the standard rate of interest for loans between financial institutions
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Examples from the Web for libor
Last June Barclays agreed to pay a $453 million fine to settle charges over its involvement in the LIBOR scandal.
The second flurry of news pertains to the long-running LIBOR scandal.
The FSA complaint says that there were more than 800 requests for the yen LIBOR alone, and 115 for LIBORs in other currencies.
UBS traders entered into otherwise pointless trades in order to help out their compatriots in LIBOR manipulation.
And CEO Dimon has spent weeks trying to distance himself from the LIBOR issue.LIBOR Scandal Widens to Include 7 Banks
August 15, 2012
Libor said nothing, for his lips were twitching and quivering convulsively.
Father Roger had been present in Libor's retinue on this occasion, a slave among slaves.